Men's Weekly

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Business Telegraph

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Johnson Electric reports results for the half year ended 30 September 2024

  • Written by Telegraph Magazine
Highlights of FY24/25 Half-Year Results
  • Group sales US$1,854 million – down 4% compared to first half of the prior financial year
  • Gross profit US$438 million or 23.6% of sales (compared to US$430 million or 22.2% of sales in the first half of the prior financial year)
  • Adjusted EBITA US$177 million or 9.5% of sales (compared to US$180 million or 9.3% of sales in the first half of the prior financial year)
  • Net profit attributable to shareholders increased by 8% to US$130 million or 13.92 US cents per share on a fully diluted basis
  • Underlying net profit, excluding the net impact of unrealized gains or losses relating to exchange rate movements and restructuring costs, increased by 3% to US$133 million
  • Free cash flow from operations US$144 million (compared to US$208 million in the first half of the prior financial year)
  • Total debt to capital ratio of 12% and cash reserves of US$688 million as of 30 September 2024
  • Interim dividend 17 HK cents per share (2.18 US cents per share)
HONG KONG SAR - Media OutReach Newswire - 20 November 2024 - Johnson Electric Holdings Limited ("Johnson Electric"), a global leader in electric motors and motion subsystems, today announced its results for the six months ended 30 September 2024.

Read more: Johnson Electric reports results for the half year ended 30 September 2024

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